Nature of the Disclosure

This is a regulatory filing submitted to BSE Limited pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It discloses the outcomes of a Board of Directors meeting held on August 13, 2026, and includes the company's unaudited standalone financial results for the quarter ended June 30, 2026 (Q1 FY27).

Key Board Meeting Outcomes

The Board meeting, which commenced at 03:30 PM and concluded at 03:36 PM, transacted the following businesses:

  • Approved the Unaudited Financial Results of the Company for the first quarter ended June 30, 2026.
  • Took note of the resignation of Ms. Simran Sharma as Company Secretary and Compliance Officer, effective July 24, 2026.
  • Took note of the resignation of M/s. Narasimha Rao & Associates, Chartered Accountants (Firm Registration Number: 002336S), as the Statutory Auditors of the company, effective August 13, 2026.
  • Based on the recommendations of the Audit Committee, approved the appointment of M/s. G. Nagendra Sundaram & Co., Chartered Accountants (FRN: 005355S), as the Statutory Auditors for the financial year 2026-27. This appointment is subject to shareholder approval, and the auditors will hold office until the conclusion of the ensuing annual general meeting.

Financial Results for Q1 FY27 (Quarter Ended June 30, 2026)

The unaudited standalone financial results, prepared in accordance with Indian Accounting Standards (Ind AS), are as follows (Amounts in ₹ Millions):

Income:

  • Revenue from Operations: ₹0.016
  • Other Income: ₹0.328
  • Total Revenue: ₹0.344

Expenses:

  • Employee Benefits Expense: ₹0.154
  • Other Expenses: ₹0.263
  • Total Expenses: ₹0.417

Profit/(Loss) Before Tax (PBT): (₹0.074)

Tax Expense:

  • Current Tax: ₹0.023
  • Deferred Tax (Credit): (₹0.019)
  • Total Tax Expenses: ₹0.004

Profit/(Loss) for the Period (Net Profit/Loss): (₹0.077)

Other Comprehensive Income (OCI):

  • Items that will not be reclassified to profit or loss: ₹6.659
  • Deferred Tax on the above items: (₹0.928)
  • Total Other Comprehensive Income (OCI): ₹5.731

Total Comprehensive Income for the Period: ₹5.654

Earnings Per Share (EPS) (Face Value of ₹10 each, Not Annualized):

  • Basic EPS: (₹0.39)
  • Diluted EPS: (₹0.39)

Paid-up Equity Share Capital: Remained unchanged at ₹2.000 Million.

Comparative Financials

Comparison with Preceding Quarter (Q4 FY26 ended March 31, 2026):

  • Net Profit was ₹0.087 million in the previous quarter, compared to a net loss of ₹0.077 million in the current quarter.
  • Total Comprehensive Income was negative (₹16.427) million in the previous quarter, compared to positive ₹5.654 million in the current quarter.

Comparison with Corresponding Quarter (Q1 FY26 ended June 30, 2025):

  • Net Loss improved to ₹0.077 million from a net loss of ₹3.937 million in the year-ago quarter.
  • Total Comprehensive Income was ₹5.654 million, compared to ₹17.435 million in the year-ago quarter.

Comparison with Full Year (FY26 ended March 31, 2026):

  • The company reported a net loss of ₹0.267 million for the full year.

Notes to the Financial Results

1. The unaudited results were reviewed by the Audit Committee and approved by the Board of Directors on August 13, 2026.

2. The results are prepared in accordance with Ind AS.

3. The company has a single operating segment: Portfolio Investments. Segment reporting under Ind AS 108 is not required.

4. The Statutory Auditors, M/s. Narasimha Rao & Associates, have carried out a limited review of these financial results.

5. Previous period figures have been regrouped/reclassified where necessary for consistency.

Regulatory Compliance and Other Statements

The filing includes statements confirming that the following are not applicable to the company:

  • B. Statement on Deviation or Variation for Proceeds of Public Issue, etc.
  • C. Format for Disclosing Outstanding Default on Loans and Debt Securities (Confirmed no defaults; total financial indebtedness is nil).
  • D. Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings).
  • E. Statement on Impact of Audit Qualifications (applicable only for annual filings).

Auditor's Limited Review Report

M/s. Narasimha Rao & Associates issued a limited review report on the financial results. Based on their review, nothing came to their attention that causes them to believe the Statement contains any material misstatement or has not disclosed the information required by SEBI Listing Regulations. The report was signed by CA. S. Poornachandra Rao (Partner, Membership No. 025403).